Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 3.2B
Gross Profit 2.3B 70.80%
Operating Income 762.0M 23.90%
Net Income 336.0M 10.54%
EPS (Diluted) $3.68

Balance Sheet Metrics

Total Assets 5.4B
Total Liabilities 4.8B
Shareholders Equity 636.0M
Debt to Equity 7.52

Cash Flow Metrics

Operating Cash Flow 603.0M
Free Cash Flow 338.0M

Revenue & Profitability Trend

Light & Wonder Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 3.2B 2.9B 2.5B 2.2B 1.7B
Cost of Goods Sold 931.0M 872.0M 738.0M 609.0M 610.0M
Gross Profit 2.3B 2.0B 1.8B 1.5B 1.1B
Operating Expenses 1.1B 1.0B 935.0M 869.0M 775.0M
Operating Income 762.0M 610.0M 419.0M 277.0M -135.0M
Pre-tax Income 421.0M 205.0M -163.0M -294.0M -804.0M
Income Tax 85.0M 25.0M 13.0M -318.0M -3.0M
Net Income 336.0M 180.0M 3.7B 390.0M -548.0M
EPS (Diluted) $3.68 $1.75 $38.78 $3.77 -$6.02

Income Statement Trend

Light & Wonder Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 1.2B 1.3B 1.7B 1.7B 2.2B
Non-Current Assets 4.2B 4.2B 4.3B 6.2B 5.8B
Total Assets 5.4B 5.6B 6.0B 7.9B 8.0B
Liabilities
Current Liabilities 735.0M 696.0M 622.0M 974.0M 832.0M
Non-Current Liabilities 4.0B 4.1B 4.2B 9.0B 9.7B
Total Liabilities 4.8B 4.8B 4.8B 10.0B 10.5B
Equity
Total Shareholders Equity 636.0M 765.0M 1.2B -2.1B -2.5B

Balance Sheet Composition

Light & Wonder Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 336.0M 180.0M 3.7B 390.0M -548.0M
Operating Cash Flow 603.0M 597.0M 252.0M 352.0M -184.0M
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow 36.0M -6.0M -36.0M -169.0M 35.0M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -527.0M -776.0M -5.4B -1.2B 807.0M
Free Cash Flow 338.0M 348.0M -597.0M 514.0M 334.0M

Cash Flow Trend

Light & Wonder Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 22.10
Forward P/E 14.92
Price to Book 11.33
Price to Sales 2.18
PEG Ratio 14.92

Profitability Ratios

Profit Margin 10.48%
Operating Margin 24.55%
Return on Equity 46.19%
Return on Assets 8.84%

Financial Health

Current Ratio 1.57
Debt to Equity 637.58
Beta 1.24

Per Share Data

EPS (TTM) $3.74
Book Value per Share $7.29
Revenue per Share $36.54

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
lnw 7.0B 22.10 11.33 46.19% 10.48% 637.58
Flutter 46.6B 90.95 4.74 5.88% 3.65% 63.20
DraftKings 20.6B -39.49 23.57 -46.79% -7.97% 219.83
Churchill Downs 7.2B 17.76 6.78 44.37% 15.19% 454.20
Super Group (SGHC 5.0B 37.96 7.71 21.38% 7.03% 11.53
International Game 3.0B 136.27 1.84 1.87% 13.64% 290.93

Financial data is updated regularly. All figures are in the company's reporting currency.